IBM has acquired Logiq, a UK cybersecurity consultancy, according to a source report dated September 24, 2026. The financial terms of the transaction were not disclosed in the sources.
Logiq is described in the source as having deep expertise across defense, critical national infrastructure, and the public sector. The source states that Logiq strengthens IBM's cybersecurity and sovereign technology capabilities, and that the acquisition enhances IBM's ability to help clients in highly regulated environments transform securely and adopt AI with confidence.
The source also credits Tim Dunn and Phoenix Equity Partners for their partnership and what it describes as diligent execution of the transaction. No further details on the deal's structure, financing, advisers, or closing timeline were provided in the available sources.